2017 news archive
Trade and Investment roundtable
The 5th Korea–Northern Territory Trade and Investment Roundtable was held in Darwin last week.
The roundtable was an opportunity to strengthen mutual collaborations between the Northern Territory and Korea and showcase trade and investment opportunities in the Territory.
Discussions covered investment opportunities in the mineral and energy, agribusiness, tourism infrastructure sectors.
Korea is our sixth largest export market and are linked to major projects in the Northern Territory through the petroleum industry.
Korea recently completed construction of the Shell Prelude floating liquefied natural gas facility which is now on its way to waters off North West Australia.
The Northern Territory will play a significant role in the supply chain for Prelude, through the Darwin Supply base and other contractors who will manage warehousing, maintenance and logistics.
In addition, the Central Processing Facility for the INPEX led Ichthys LNG project was built in South Korea at the Smasung Heavy Industries shipyard. It is the world’s largest semi-submersible platform and has just been moored off the north west coast of Western Australia, it will be located there for the next 40 years.
Barossa Offshore Project Proposal published for public comment
ConocoPhillips is pleased to advise that the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has published the Barossa Area Development Offshore Project Proposal (Barossa OPP) for public comment.
ConocoPhillips Australia Exploration Pty Ltd (ConocoPhillips) and its co-venturers, SK E&S Australia Pty Ltd and Santos Offshore Pty Ltd is proposing to develop discovered hydrocarbon resources located in Commonwealth waters, approximately 300 kilometres north of Darwin, Northern Territory.
Construction of the Northern Gas Pipeline begins in Tennant Creek
Construction officially begins today on the 622 kilometre long Northern Gas Pipeline to run from Tennant Creek to Mt Isa, with more than 90 people attending a sod-turning ceremony at the Phillip Creek compressor station.
The $800 million pipeline will connect the Northern Territory to the national gas grid, and has been touted as a possible solution to the supposed east coast gas shortage.
Top End cattle property Kalala Station returns to market, with contracted sale falling through
A highly-regarded Northern Territory cattle station, which had been under contract for six months, has been returned to the market with the purchaser unable to complete the sale.
A foreign entity had reportedly committed $70 million for Kalala Station, south of Katherine on the Sturt Plateau, in October last year.
Shell’s Prelude FLNG facility begins journey to Australia
Shell Australia’s Prelude floating liquefied natural gas (FLNG) facility left the Samsung Heavy Industries shipyard in Geoje, South Korea this morning, marking a significant milestone for the project. The facility, constructed by Technip Samsung Consortium, is being towed to North West Australia, where the next phase of the project will commence.
On arrival at the Prelude offshore gas field, 475 kilometres north-north east of Broome, Western Australia, pre-positioned mooring chains will be lifted from the seabed and secured to the facility. Once secure, the complex hook-up and commissioning process will begin.
The safe and reliable start-up of Prelude’s operations will be the project team’s focus through the next phase.
First new major gold mine in Northern Territory in 10 years to begin production within a week
The first new major gold mine in the Northern Territory in the past 10 years will begin production within the next week, after it was given final approvals by the Nothern Territory Government.
Company Emmerson has been exploring the Edna Beryl gold mine just north of Tennant Creek in the Barkly since 2008.
New Linfox terminal in Darwin
Logistics giant Linfox has completed a $10 million intermodal distribution facility in Darwin as it expands its supply chain network in the Northern Territory.
Situated next to the Darwin railhead at East Arm wharf, the 3,000 square metre purpose-built facility includes a 500 sqm chilled storage area.
Read the full article on the new Linfox terminal in Darwin.
Avocado industry body flags huge potential for Northern Territory crop to fill gap in market
Avocados Australia say there is potential for the Northern Territory to grow the crop and fill a window in the domestic market.
It comes as the NT Government recently released a prospectus for the horticulture industry in the red centre.
The document listed avocados as a possible crop for all five precincts, which include Tennant Creek, Western Davenport, Ti Tree, Alice Springs and the Great Artesian Basin.
Horticulture investment guide to Central Australia released
A comprehensive Central Australia horticulture growth prospectus has been developed to support investors in Central Australia, with a focus on the diversification of crops and unique opportunities to the region.
The prospectus highlights the Territory’s distinct market advantage in Australian markets as well as overseas markets with counter-seasonal opportunities to potential investors. The Territory’s abundant land, where suitable water and soil resources co-exist, offer significant potential for further horticulture development.
The prospectus covers all the water control districts in Central Australia including Alice Springs, Ti Tree, Western Davenport, Tennant Creek and the Great Artesian Basin.
For more information go to the Department of Primary Industry and Resources website.
Darwin Port managers anticipate beef growth
Multi-million dollar investment at the world’s largest live cattle shipping port is paving the way for what it’s Chinese managers expect will be solid growth in the Northern Australian beef industry.
Rizhao-based Landbridge Group, which runs Darwin Port under a 99-year lease agreement with the Northern Territory Government, is pumping $25 million into setting the facility up for a very fast-paced future.
Read the full news article on Darwin Port managers anticipate beef growth.
Creating jobs - Northern Territory’s first ever innovation hub
The Northern Territory Government's Chief Minister Michael Gunner today announcing the first innovation hub and start-up incubator.
The Chief Minister also congratulated Paspalis Enterprises Pty Ltd on winning a $500,000 Australian Government grant from the Department of Industry, Innovation and Science to develop the Northern Territory’s first ever innovation hub.
Unlocking the private sector = the key to the Territory’s future
Five major private sector projects will be supported by the Northern Territory Government in Budget 2017 to unlock investment in the Northern Territory and create hundreds of jobs.
Chief Minister Michael Gunner today announced the five projects which he says will provide a major boost to the economy.
Transforming the Territory
Chief Minister Michael Gunner has today revealed five of the Northern Territory Government’s major projects aimed at boosting the economy, creating and sustaining thousands of jobs across the Northern Territory and transforming our cities and regions into tourist, business and investment attractions.
All five projects will begin in this term of government, with funding starting in the upcoming 2017 Budget for work to roll out from this year.
Read the full media release on transforming the Territory.
$10 million NT Government investment in jobs
Chief Minister Michael Gunner today announced $10 million from Budget 2017 to establish a new Marine Services Hub in Darwin Harbour, underpinning the proposed $100 million Ship Lift facility which has the potential to create hundreds of construction and ongoing jobs.
The $10 million comprises a $5 million investment by the Territory’s Land Development Corporation (LDC) to service land adjacent to the proposed Ship Lift for marine-related businesses to set up shop, and $5 million in collaboration with Pearl Marine Engineering (PME) to progress the project through due diligence.
Next mining boom in Australia will be driven by tech metals for renewable energy and technologies
The Australian mining industry is on the verge of a new mining boom based around so-called tech metals.
And as the race cranks up across the nation to find new deposits of rare earths and other metals, industry itself is calling for the development of a value-adding component.
Research opens up opportunities for African mahogany industry
A project to optimise value from African mahogany plantations has become the first Territory project to attract forest wood products industry R&D funding.
Department of Primary Industry and Resources Principal Research Scientist Dr Mila Bristow said plantation forestry was an increasingly important industry and the second largest production land use in the Northern Territory after cattle grazing, with more than 49,500ha of the NT currently used to produce forestry products in managed plantations.
Mapping the Future for jobs and investment: Budget 2017
The Territory Labor Government has released its new $9.935 million Mapping the Future program which will support scientific teams to identify potential productive land for future use in regional areas and improve natural resources information.
Minister for Environment and Natural Resources said the program would map the soil, water and biodiversity assets in regional parts of the NT.
Top End abattoir applies to access Chinese beef market, with Europe an option for buffalo meat
The owner of the Northern Territory's Livingstone beef abattoir says it hopes to soon sell meat to China, capitalising on increased market access.
It comes as the Australian Government announced an expansion in the number of meat processors allowed to export chilled beef to China would increase significantly, with other pending approvals fast-tracked.
AccorHotels signs Chifley Alice Springs Resort to network
AccorHotels has revealed Chifley Alice Springs Resort will join its network in July 2017 and at which time the hotel will rebrand to Mercure Alice Springs Resort.
The 139-room resort is currently undergoing a $2 million upgrade of its rooms and facilities, which will see new bathrooms and bedroom fittings installed across its standard rooms, as well as floor-to-ceiling artworks that reflect the history of the Alice Springs region in all rooms.
Australia continues to rank highly for mineral exploration
Australia continues to rank as the most attractive region in the world for mineral exploration investment, when both policy and mineral potential are considered, according to the 2016 Annual Survey of Mining Companies report released this week by the Canadian based Fraser Institute.
According to the report, Western Australia's Investment Attractiveness Index score places it as the third most attractive jurisdiction in the world for investment; followed by Queensland which is ranked tenth. Western Australia has been ranked number one in the world with regards to Best Practice Mineral Potential, followed again by Queensland ranked fourth.
Top End Indigenous land offered up for grazing licences as beef booms
Indigenous land south west of Katherine in the Northern Territory is being offered up for a pastoral lease by traditional owners, in a bid to capitalise on a strong northern cattle industry.
The Northern Land Council (NLC), on behalf of traditional owners, has called for expressions of interest to run cattle on 750 square kilometres of the Menngen Aboriginal Land Trust.
Indonesian live export market moves from strength to strength
- Indonesian live export market moves from strength to strength.
- Indonesia has advised of revised regulations increasing the weight and age limit of live feeder cattle eligible for import into Indonesia.
- Import permits from the Trade Ministry and Recommendation letters from the Ministry of Agriculture will now be valid for 12 months.
- Weight limit increased from 350kg average weight to maximum 450kg.
- This will allow better business planning for exporters and increase the range of cattle eligible for export.
ASEAN-Australia Special Summit 2018
We are delighted to announce that Sydney will be the host city for the upcoming ASEAN-Australia Special Summit.
The event, expected to be held in March 2018, will mark the first time Australia has hosted a summit with ASEAN.
The summit is an historic and unprecedented opportunity to strengthen Australia’s strategic partnership with ASEAN and deliver tangible economic and security benefits to Australia.
Read the full media release on ASEAN-Australia Special Summit 2018.
2017 Annual Geoscience Exploration Seminar
Minister for Primary Industry and Resources Ken Vowles today launched the 2017 Annual Geoscience Exploration Seminar (AGES) program.
Minister Vowles said AGES is the Territory’s premier exploration event and a key element of the Territory Government’s efforts to attract and support resources exploration by providing state of the art geoscience information and data.
Read the full media release on 2017 Annual Geoscience Exploration Seminar.
Australia’s trade by State and Territory
New South Wales' exports hit a new record in 2015-16 (up $3.1 billion), according to Australia's Trade by State and Territory 2015-16 released today. International demand was higher for most states and territories, with export volumes having increased for Tasmania, Queensland, the Australian Capital Territory and South Australia.
In 2015-16, Western Australia continued to be Australia's major exporter, accounting for 35.2% of Australia's total exports (valued at $110 billion), followed by New South Wales (22.8%), Queensland (20.1%) and Victoria (13.7%).
Read the full media release on Australia’s trade by State and Territory.
Unearthing riches for regions
The Department of Environment and Natural Resources (DENR) today released two new reports in a series that identifies soils suitable for agriculture across the Territory.
DENR Land Assessment Branch Director Jason Hill said today’s release of the two reports - covering the Tennant Creek West and Ali Curung areas in the Western Davenports - identified more than 90,000 hectares of land suitable for agricultural development on Aboriginal and pastoral land in those areas.
Read the full media release on unearthing riches for regions.
Port's container capacity increased
Darwin's port now has the capacity to handle up to 250 refrigerated containers after an $11 million upgrade by operators Landbridge.
This is a fivefold increase on its previous capacity.
The 2.3ha paved handstand area was made operational in January. It will eventually have the capacity to handle 2,000 refrigerated containers.
Read the full article on the port's container capacity increased.
Confirming agricultural development ties with Japan
The Northern Territory and Japanese governments today signed a Memorandum of Cooperation which will maximise the access of Territory agri-businesses to the Japanese market.
The historic agreement, involving the Japanese Ministry of Agriculture Forestry and Fisheries, will promote and progress research and development projects in agriculture and aquaculture in the Northern Territory while also developing supply-chain logistics into the Japanese and South-East Asian markets.
Gas and energy experts say processing Greater Sunrise gas in East Timor is not viable
Peter Strachan, author StockAnalysis; Saul Kavonic, Wood Mackenzie, outline why processing gas from Greater Sunrise onshore in East Timor isn't economically feasible, citing Darwin a better destination if project ever to go ahead.
Source: ABC Rural website.
Northern Territory cattle station adopts drone to muster cattle, check fires
A cattle station in the Northern Territory has turned to drones to muster cattle and check on fires.
Birrindudu Station, on the edge of the Tanami Desert on the Western Australia border, has been using the drone for jobs that might otherwise be done by a helicopter.
Pastoral properties to stay hot in 2017
The niche rural agricultural markets of northern Australia should continue to attract global attention in 2017, according to director and principal of Tanami Rural Property Sue Brosnan.
The Katherine-based real estate agent experienced a huge 2016 realising significant sales of pastoral and agricultural properties across the Northern Territory and Western Australia. She sold seven properties and more than 1.5 million hectares worth $144 million.
Read the full article on pastoral properties to stay hot in 2017.
NT Buffalo Industry Council hopes 20,000 buffalo will eventually be processed or exported
With an increase in live export and a northern meatworks processing buffalo, the Northern Territory Buffalo Industry Council hopes 20,000 head may eventually be harvested and sold each year.
Live exports of buffalo have been slowly increasing over the past few years, with 5,792 buffalo leaving Darwin Port in 2016.
Department of Primary Industry figures show 3,981 buffalo went to Vietnam and 1,212 were exported to Malaysia.
Resources and energy exports set to reach record highs
Australia’s resource and energy export earnings are expected to reach record highs of $204 billion in 2016–17.
Minister for Resources and Northern Australia Matt Canavan said the figures in the December 2016 Resources and Energy Quarterly underline the importance of the resources sector to the Australian economy.
Scientists get down and dirty to unlock northern Australia's agricultural potential
Scientists have been digging up the dirt on northern Australia's potential to become an agricultural powerhouse.
In the biggest undertaking of its kind in Australia, thousands of soil samples were collected from water catchments in Western Australia, the Northern Territory and Queensland.
Over $475 million of new investment in offshore petroleum exploration
The Australian Government’s 2015 Offshore Petroleum Exploration Acreage Release has been finalised, with nine new offshore petroleum exploration permits awarded across both rounds.
The new exploration permits are located in Commonwealth waters of the Territory of Ashmore and Cartier Islands and offshore South Australia, Victoria and Western Australia. These permits will potentially see more than $475 million in exploration investment over the next six years.
TNG, Carnegie eye vanadium battery market
Aspiring vanadium miner TNG has signed a deal with Carnegie Wave Energy’s Energy Made Clean (EMC) and Japan’s Sumitomo Electrical Industries to exploit the growing market for off-grid power through the use of vanadium redox flow batteries.
Under the terms of the agreement, TNG would supply the vanadium electrolyte from its Mt Peake project in the Northern Territory, Sumitomo would supply the containerised systems and EMC the technical know-how and supporting components.
Read the full article on TNG, Carnegie eye vanadium battery market.
Exploring for the Future in the Barkly region
Ken Vowles, Minister for Primary Industry and Resources, today welcomed the commencement of the $100 million four-year Australian Government initiative Exploring for the Future.
Mr Vowles said the Exploring for the Future program focuses on northern Australia, in recognition that this under-explored region offers enormous potential for industry development and is close to Asian markets. Northern Australia is rich in mineral deposits including zinc, lead, silver, gold and copper.
Discovering Australia's next generation of resources
The Australian Government is supporting the development of the next wave of mineral, energy and groundwater resources, with work now underway on the $100 million Exploring for the Future program.
"Australia’s wealth of natural resources has underpinned our economic success for decades," Minister for Resources and Northern Australia Matt Canavan said.
Conference aims to boost NT exploration investment
More than 200 local and international delegates are expected to attend a conference on the expanding opportunities for minerals and energy exploration in the Northern Territory.
Registrations are now open for the Annual Geoscience Exploration Seminar (AGES), which will be held at the Alice Springs Convention Centre on 28 and 29 March 2017.
Investing in Australia’s future - the Australian Export Awards
The Minister for Trade, Tourism and Investment Steven Ciobo announce this week's Australian Export Awards will feature a new category acknowledging the important contribution of international investment into Australia's economy.
The Minister for Trade, Tourism and Investment's Investment Award will honour an international company or joint venture making a long-term contribution to our economy by creating employment, cultivating innovation and facilitating Australian industry expansion within global supply chains.
Coalition building better regions
Rural, regional and remote Australia can apply for funding to build better regions under a new fund announced by Minister for Regional Development Fiona Nash today.
Speaking at the Rural Press Club in Victoria, Minister Nash said the economic case for investing in Australia's regions was clear.
Read the full media release on Coalition building better regions.
Investment - working in the national interest
The Australian Government's annual Investment Statement to Parliament updates the Parliament - and the Australian people - on the government's work promoting Australia as a place for productive foreign investment.
Best countries to invest in
More than $1 trillion is pumped around the world in foreign direct investment each year, a country's share of which is sometimes thought to signify its value and potential to the world.
Territory’s biggest ever business delegation starts Rizhao Summit
Chief Minister Michael Gunner today joined the largest ever Territory trade and investment delegation to China ahead of key business meetings.
The group of 75 Territory businesses - who have arrived in the Shandong province - includes delegates from industry sectors such as education, primary industries, tourism, mining, property and infrastructure.
Northern Gas Pipeline on Chief Minister’s China agenda
Chief Minister Michael Gunner today met with Chinese Government and industry officials in Beijing - including one of the key stakeholders in the Northern Gas Pipeline - ahead of the NT-Rizhao Economic Summit this week.
"Construction of the Northern Gas Pipeline, which is due to be completed in 2018, will create more than 900 jobs during construction, of which more than 60 per cent could be filled by Territorians," Mr Gunner said.
New scholarship program to boost international education
A first-of-its-kind scholarship program will be offered in the Northern Territory providing international students with the opportunity to further their studies in the NT, Chief Minister Michael Gunner announced today.
A total of 36 scholarships will be offered - four each for China, India, Indonesia, Japan, Korea, Nepal, Philippines, Timor-Leste and Vietnam - in an equal partnership between the NT Government and training and international education providers.
Chief Minister visits Geoje shipyard
Chief Minister Michael Gunner has inspected the shipyards in Geoje where the INPEX-led Ichthys LNG Project’s central processing and floating production, storage and offloading facilities, as well as the Shell Prelude FLNG facility, are being constructed.
Once completed, the facilities will be located in the Browse Basin, west of Darwin and will create new business opportunities in the Territory.
Read the full media release on Chief Minister visits Geoje shipyard.
INPEX agreements support Territory jobs and growth
Chief Minister Michael Gunner has met with Representative Director President and CEO of INPEX Corporation, Mr Toshiaki Kitamura, signing two important agreements that will support future jobs and economic growth in the Territory.
Mr Gunner said he had been invited by Mr Kitamura to visit Japan and had promised to visit Tokyo within his first three months as Chief Minister as a demonstration of his commitment to strengthening the relationship.
Chief Minister strengthens agricultural ties in Japan
Chief Minister Michael Gunner today met with Mr Katsuo Yakura, Parliamentary Vice Minister for Agriculture, Forestry and Fisheries, to discuss future cooperation in agriculture and aquaculture.
The Northern Territory Government and the Japanese Ministry of Agriculture Forestry and Fisheries moved an important step closer to an official Memorandum of Cooperation and to foster closer ties.
Chief Minister to lead biggest ever trade delegation to China to help create jobs for the Territory
Chief Minister Michael Gunner will lead an international trade, engagement and investment mission to Japan, Korea and China from Thursday, 27 October to 6 November.
The trade mission will include the biggest ever delegation of Territory businesses to travel to China, a key trading partner, and one of the biggest to ever leave the NT.
Representatives from 68 Territory Businesses are making the trip to China.
First batch of prawns arrive in Exmouth for the $1.5 billion Project Sea Dragon
The company looking to build one of the world's biggest prawn farms on a cattle station in the Northern Territory has reached an important milestone, with the arrival of broodstock prawns to its newly-upgraded quarantine facility.
Seafarms Group has completed a $1.3 million upgrade of its prawn quarantine and founder stock facility in Exmouth, WA, which will be used to introduce, hold, rear, test and screen wild broodstock animals for any diseases that could affect production.
Expressions of Interest called for horticulture venture
The NT Government is calling for Expressions of Interest to lease land near Ti Tree for the establishment of a horticultural enterprise.
The Territory is providing an opportunity to increase horticulture activities in the Ti Tree region and provide economic development through the leasing of this land for agricultural development.
Crop trial shows industry potential in Central Australia
Primary Industry and Resources Minister Ken Vowles today visited a garlic harvest trial at the Arid Zone Research Institute in Central Australia.
Minister Vowles said there is a strong market for Australian garlic and this is a great opportunity to develop and grow the Territory horticultural industry.
First Territory mangoes to United States
The first ever shipment of Territory mangoes to the United States of America are ready to export this week.
Minister for Primary Industry and Resources Ken Vowles said this latest export avenue is showing great confidence in the Territory industry and product.
Read the full media release on first Territory mangoes to United States.
Local SMEs take pointers from experts
A workshop on small and medium enterprise (SME) engagement for the National Food Strategy Development was yesterday held as part of the Brunei Halal Showcase (BruHAS) 2016.
Held at the Design and Technology Building in Anggerek Desa Technology Park, the workshop was organised by the Global Halal Industry Development Division (GHID) of the Energy and Industry Department at the Prime Minister’s Office (EIDPMO) in collaboration with Ghanim International Corporation Sdn Bhd and DARE (Darussalam Enterprise).
Read the full media release on Local SMEs take pointers from experts.
Japanese live cattle market reopens
THE Coalition government has won Japanese approval to re-open Australia’s live cattle export trade.
In May, the market valued at more than $14 million a year was temporarily suspended in response to cattle exported from Australia testing positive for bovine Johne’s disease (BJD) on arrival in Japan.
Read the full media release on Japanese live cattle market reopens.
Preferred proponent selected for Darwin ship lift
The Northern Territory Government will contribute up to $100 million towards a ship-lift facility at East Arm that will position Darwin as the marine services hub for northern Australia.
Chief Minister Adam Giles has announced that Pearl Marine Engineering (PME) was selected last month as the preferred proponent and negotiations will now begin.
Mr Giles said marine industries were projected to support up to 4500 full-time jobs and inject $3.5 billion into the Territory economy.
High class agricultural land identified in wildman river region
The Department of Land Resource Management (DLRM) today released a report that has identified 8994 hectares as ‘high class’ land for agriculture.
DLRM Land Assessment Branch Director Jason Hill said these deep, sandy or loamy surfaced red earths on level to gently undulating plains in close proximity to Darwin presented significant economic opportunity.
Mr Hill said potential crops identified for possible growth include tropical citrus, cucurbits, fruiting vegetable crops, and leafy vegetables and herbs.
Territory mango exports - a step closer
The Northern Territory (NT) Government has opened a Request for Proposal (RFP) process, inviting proposals from eligible proponents to establish and operate a mango export treatment service in the Top End.
"The NT Government is committed to advancing the NT agricultural industry and supporting local business. This service will stimulate the direct export of NT mangoes to China, South Korea, Japan and Indonesia, a market of 1.8 billion people," said Minister Gary Higgins.
A $2 million investment into the Territory mango industry to support exports was a 2016 budget announcement by the NT Government and includes a significant grant component of $1.75 million to the successful proponent.
Read the full media release on Territory mango exports - a step closer .
Hunt for lithium in the NT being supercharged by renewable energy boom
A record number of mining companies are exploring for lithium in the Northern Territory this year, as the price for the soft metal hits new highs.
Ian Scrimgeour from the NT Department of Mines and Energy said the level of exploration was extraordinary and 2016 was shaping up to be "the year of lithium in the NT".
Kenbi handover a truly historic occasion
Chief Minister Adam Giles has hailed the dawn of a new era for the Cox Peninsula after the historic handover of the Kenbi Land to Traditional Owners.
Mr Giles said the handover of the Kenbi Land was "a truly historic occasion which will secure the future of Darwin for generations to come".
Read the full media release on Kenbi handover a truly historic occasion.
Tiwi Islands investment opportunities promoted
The Northern Territory Government and Tiwi Land Council have joined forces to promote investment opportunities on the Tiwi Islands.
NT Government welcomes final board member to Northern Territory Infrastructure Development Fund
The Northern Territory Government has welcomed the announcement of Mark Burgess as the fifth and final member to the Board of the Northern Territory Infrastructure Development Fund (NTIDF).
Treasurer David Tollner said Mark Burgess brings a wealth of valuable experience in infrastructure investment to the NTIDF Board.
2016 NT Chief Minister’s NT Export and Industry Awards launched
Chief Minister Adam Giles officially launched the 2016 Chief Minister’s Northern Territory Export and Industry Awards last night at Crocosaurus Cove.
"The awards recognise outstanding achievements of NT exporters and industry leaders, from which the overall 'Exporter of the Year' is chosen," he said.
New funding fires up giant Dragon project
THE Seafarms Group has raised $10 million to take it through the next stage of development for the $1.5 billion Project Sea Dragon.
Australia's most ambitious prawn farming project in the Northern Territory is being fasttracked to take advantage of foreign investors eager to back the scheme and opportunities offered by the federal government's $5 billion Northern Australian Infrastructure Fund.
Read the full article on New funding fires up giant Dragon project.
Legislation a sure bet to attract companies to the Territory
Legislation passed in Territory Parliament tonight will reinforce the NT as Australia’s premier jurisdiction for online wagering and create new jobs for the Territory.
Minister for Racing Gaming and Licensing Peter Styles said the Racing and Betting Legislation Amendment Bill 2016 amends current legislation to allow companies offering betting exchange to be based in the Territory.
Budget 2016: Study will examine converting gas to fuel
The Northern Territory Government wants to ensure the Northern Territory’s long-term fuel security by encouraging the development of a gas-to-liquid processing facility.
Chief Minister Mr Giles said $500,000 has been allocated in Budget 2016 to examine the feasibility of the Northern Territory making fuel from onshore gas.
Infrastructure Capital Group announced as investment manager for NT Infrastructure Development Fund
The Northern Territory Government today announced that Infrastructure Capital Group (ICG) has been selected as the investment manager for the Northern Territory Infrastructure Development Fund.
Treasurer David Tollner said ICG was selected over five other contenders due to their experience in developing infrastructure assets.
Investment the focus of international Red Carpet forum
One hundred international and interstate investors and local representatives will sit down today and tomorrow to discuss the business opportunities on offer in the Northern Territory.
The high-powered investors are attending the Northern Territory Government's invite-only Red Carpet Investor Forum.
Potential investors have flown in from across South East Asia and all parts of Australia as part of a month-long investment attraction campaign by the Northern Territory Government.
Request for proposal – Ord Stage 3 irrigated agricultural development
The Ord Stage 3 irrigated agricultural development has taken a major step forward.
The proposed development will provide up to 14,500 hectares of new farming land by extending irrigation channels from Western Australia into the Northern Territory.
Northern Territory Government welcomes changes to clean energy
The Northern Territory Government has welcomed the Commonwealth Government’s decision to keep two renewable energy agencies and establish a new $1 billion Clean Energy Innovation Fund.
Minister for Essential Services Peter Chandler said the decision to retain the Australian Renewable Energy Agency and the Clean Energy Finance Corporation will assist the Territory to progress with integrating renewable energy right across the Top End.
Northern Australia Infrastructure facility moves ahead
The government has introduced legislation to establish the $5 billion Northern Australia Infrastructure Facility (NAIF), a centrepiece of the White Paper on Developing Northern Australia.
Timor-Leste looks to NT to help jump start racing industry
Timor-Leste is turning to the Northern Territory for guidance as it looks to develop Thoroughbred Racing in its own country.
Minister for Racing, Gaming and Licensing Peter Styles today met with a delegation from the Race Horse Breeders and Owners Association of Timor-Leste (ACPCC-TL) including President Mr Fernando Da Encarnacao who was hosted by the Darwin Turf Club at its Shenannigans St Patrick’s Day Races.
Darwin luxury hotel development progressing
The Department of Chief Minister will next week call for detailed proposals to develop a luxury hotel in Darwin that would help attract more tourists and boost the city’s reputation as a unique business events destination.
Chief Minister Adam Giles said there was a strong response to the Expressions of Interest process, highlighting ongoing interest from both local and international investors keen to play a part in Darwin’s economic development and future prosperity.
Read the full media release on Darwin luxury hotel development progressing.
Welcome for Sino-Australia Top Beef Chinese delegation in NT
Chief Minister Adam Giles today welcomed Chinese delegates from Sino-Australia Top Beef (SATB) as they begin their trade tour in Alice Springs. The visit is designed to allow them to experience the live cattle export supply chain across the Northern Territory.
Expressions of interest called to revitalise Territory Wildlife Park
New and exciting tourism and recreation experiences could be offered at the Territory Wildlife Park with the Northern Territory Government calling for expressions of interest from investors to help revitalise the iconic attraction.
Chief Minister Adam Giles said the Northern Territory Government was committed to increasing visitation to the Territory's parks and reserves through sustainable development and increased commercial partnerships.
New 'Open Territory' program of events to raise local business profiles
A new program of events called Open Territory will be driven by the Northern Territory Government’s Department of Business in 2016.
Business Minister Peter Styles said next year’s inaugural Open Territory program will provide Northern Territory businesses, including small to medium enterprises, with new means to enhance their national and international profiles.
China delegation to focus on NT tourism and business opportunities
Tourism and economic development opportunities will be the focus of a five-day trade mission to China led by Chief Minister Adam Giles.
The trade delegation includes representatives of the tourism industry, the NT Cattlemen’s Association, Chamber of Commerce, Minerals Council and NT Farmers’ Association.
Territory to host BIMP-EAGA 2016
The Northern Territory will host Trade and Development Ministers from four of the Territory's closest neighbouring countries for a high-level meeting in Darwin in April next year following re-engagement talks in Malaysia.
Minister for Asian Engagement and Trade Peter Styles extended the invitation during the 2nd BIMP-EAGA (Brunei-Darussalam-Indonesia-Malaysia-The Philippines East ASEAN Growth Area) and Northern Territory Ministerial Meeting in Kota Kinabalu yesterday.
Read the full media release on Territory to host BIMP-EAGA 2016.
NT Asian Engagement and Trade Strategic Plan released
The Northern Territory Government’s Asian Engagement Trade and Investment Strategic Plan has been finalised in time for re-engagement meetings with key South East Asian neighbours in Malaysia this week
Minister for Asian Engagement and Trade Peter Styles will depart for the Brunei Darussalam-Indonesia-Malaysia-The Philippines East ASEAN Growth Area (BIMP-EAGA) Ministerial meeting this afternoon to discuss opportunities for collaboration with some of the Northern Territory’s closest neighbouring countries.
View the strategic plan.
NT shows strongest growth in Australia for mineral exploration
The Northern Territory continues to emerge as the preferred jurisdiction for mineral exploration, reporting the strongest growth in Australia for mineral exploration expenditure in the July to September quarter.
Mines and Energy Minister said the latest figures from the Australian Bureau of Statistics show mineral exploration expenditure in the NT for the September quarter was $33.4 million, a 22% increase from the same period a year earlier.
Indonesian trade ties strengthened
The Northern Territory Government is strengthening trade and relationship ties with Indonesia, with the gifting of four purebred Riverine Buffalo bulls today.
Minister for Primary Industry and Fisheries Willem Westra van Holthe said it was an honour to officially hand the bulls over to Indonesian Consul Mr Andre Omer Siregar.
Read the full media release on Indonesian trade ties strengthened.
Giant clams bring new industry potential
The Northern Territory Government is delivering on its commitment to assist Indigenous communities to develop new economic opportunities, with a third batch of giant clams exported to the United States.
Minister for Primary Industry and Fisheries Willem Westra van Holthe said the trial program is proving to be extremely successful, with an expansion into Europe planned.
Read the full media release on Giant clams bring new industry potential.
Regional partners re-connect in Darwin
Senior officials from four of the Northern Territory’s key trading countries in South East Asia have gathered in Darwin to progress the collective interests of the region.
Minister for Asian Engagement and Trade, Peter Styles, this morning welcomed representatives of BIMP-EAGA (Brunei Darussalam-Indonesia-Malaysia-The Philippines East ASEAN Growth Area) ahead of three days of discussions and activities across Darwin.
Read the full media release on Regional partners re-connect in Darwin.
Australian Government to test appetite for public-private partnerships on $600 million Northern Australia Roads Programme
The Australian Government will call for expressions of interest from the private sector to participate in the $600 million Northern Australia Roads Programme, Minister for Major Projects Paul Fletcher announced today.
Northern Australia Investment Forum -
Darwin, 8 to 10 November 2015
View the video of opportunities for trade and investment in Northern Australia.
Find out more on the Northern Australia Investment Forum.
Expressions of interest open for a new nature-based tourism lodge in Central Australia
A nature-based tourism lodge overlooking the spectacular Palm Valley catchment in remote Central Australia could soon become a reality under a new plan by the NT Government and Traditional Owners.
International students encouraged to live, study and work in the Northern Territory
The Northern Territory Government is taking a proactive approach to attracting overseas students to live, study and work in the Northern Territory.
Minister for Business Peter Styles said the government is joining forces with Charles Darwin University to take part in education expos in Vietnam and the Philippines this month.
Northern Territory to benefit after agreement reached on China FTA
The Northern Territory Minister for Asian Engagement and Trade Peter Styles said the Chinese Government would welcome the news the China-Australia Free Trade Agreement has been passed in Australian Parliament today.
Federal Opposition Leader Bill Shorten yesterday announced that following negotiations with the government his party would support the Bill and ensure ‘speedy passage’ of the legislation.
Port deal puts Northern Territory on the map in China
China's Vice Minister for the Ministry of Land and Resources said the Darwin Port partnership between the Northern Territory Government and Landbridge sends a message to Chinese companies that the Territory is a place to do business.
Vice Minister Dr Wan Min, who met with Asian Engagement and Trade Minister Peter Styles at the China-Australia Resources Investment Forum in Beijing yesterday, said the Landbridge partnership symbolised the desire China and its businesses have to forge new relationships in Australia's north.
Governments united on developing Northern Australia
The Northern Territory and Australian Governments have invited investors to help realise the development of Northern Australia.
Federal Minister for Trade Andrew Robb and Northern Territory Asian Engagement and Trade Minister Peter Styles told delegates at today's Hotel Investment Conference Asia Pacific (HICAP) that North Australia's economic development is a priority.
Investors lining up for Darwin hotel development
Interested investors are already lining up for a new luxury hotel development in Darwin following the opening of Expressions of Interest today.
Chief Minister Adam Giles said he had asked Minister Styles to attend the Hotel Industry Conference Asia Pacific (HICAP) in Hong Kong to promote the hotel opportunity as it would help attract more tourists and develop Darwin’s reputation as a unique business events destination.
New Darwin luxury hotel promoted at key Asian Hotel Conference
The minister is attending the Hotel Industry Conference Asia Pacific as part of his five-stop Asian delegation to generate business and trade opportunities with some of the largest investment hubs in the world.
Minister for Asian Engagement and Trade Peter Styles has announced the Northern Territory Government has opened Expressions of Interest for a new luxury hotel development in Darwin coinciding with his attendance at a key hotel conference in Hong Kong.
Five-stop Asian delegation to boost trade and investment
The Minister for Asian Engagement and Trade Peter Styles will lead a five-stop Asian delegation next week to generate business and trade opportunities with some of the largest investment hubs in the world.
Comprised of the minister, representatives from the Office of Asian Engagement, Trade and Investment as well as local business and tourism representatives the delegation will carry-out high-level meetings with key contacts in Singapore, Beijing, Hong Kong, Taipei and Guangzhou.
Relationship reinforced in talks with Japanese Government
The importance of Japan as the Northern Territory's main trading partner has been reinforced during talks with key Japanese Government ministerial representatives today.
Minister for Asian Engagement and Trade Peter Styles met with Japan's Vice Minister of Economy and Trade and Industry Mr Yoshihiro Seki, and Japan's Ministry of Foreign Affairs Deputy Director General of Asian and Oceanian Affairs Mr Takeshita Osuga, before leaving Tokyo for Darwin today.
Historic trade agreement to benefit the NT
Minister for Asian Engagement and Trade Peter Styles has capitalised on the opportunity to engage in talks with Japanese leaders in the wake of the historic Trans-Pacific Partnership Agreement (TPP).
The biggest global trade agreement in two decades will establish more seamless trade and investment processes across 12 countries and in turn promises to provide a significant investment boost to the Northern Territory.
Read the full media rease on Historic trade agreement to benefit the NT.
NT Government delegation to strengthen economic ties with Japan
Minister for Asian Engagement and Trade Peter Styles will lead an NT Government delegation to strengthen economic ties with Japan.
The minister along with a small group of experts from the Office of Asian Engagement, Trade and Investment will attend the 53rd Australia-Japan Joint Business Conference in Fukuoka, Japan over two days from 4 October.
International school to help position the NT as education and training hub
A new international school would broaden the educational opportunities offered in the Northern Territory and provide a boost to the local economy, Chief Minister Adam Giles said today.
Tender awarded for Mount Isa to Tennant Creek railway scoping study
A potential new rail project linking Tennant Creek to Mount Isa has taken another step forward with the Northern Territory Government awarding a tender for a scoping study on the project to Port Jackson Partners.
NT targets lucrative Chinese visitors
A delegation of key travel industry representatives from Greater China are visiting the Northern Territory this week as part of the NT Government’s plan to attract more lucrative Chinese visitors to the Territory.
Chief Minister and Tourism Minister Adam Giles said the Greater China Adventure NT mission will give delegates a first-hand look at the Territory and help get more NT tourism products on the “travel shelves” in China, Hong Kong and Taiwan.
Read the full media release on NT targets lucrative Chinese visitors.
New casino agreement delivers certainty for Lasseters
The Northern Territory Government has joined senior Malaysian representatives from Lasseters International to sign a new Casino Operator’s Agreement for the Lassetters Hotel Casino in Alice Springs.
The agreement extends Lasseters Hotel Casino licence and exclusivity in the region until 2031, with an option to extend for a further five years.
Potential sites for Darwin luxury hotel investigated
Work is underway to investigate potential sites for a luxury hotel in Darwin that would help attract more tourists and develop the city’s reputation as a unique business events destination.
Chief Minister Adam Giles said there was significant interest from both local and overseas investors to develop a high end hotel in Darwin and potential sites on both public and private land were being considered.
International and national heavy hitters eye Territory deals at key Darwin conferences
Another two major conferences will put the investment spotlight on the Northern Territory from today hot on the heels of last week’s successful SEAOCC international oil and gas conference.
This afternoon the Business Minister Peter Styles joins delegates at one of Australia’s key cruise industry events the 2015 Cruise Down Under Conference. It is the the first time the peak cruise industry body has held its annual get-together in the Northern Territory.